$DOT
š DOT/USDT Technical Analysis š
Polkadot (DOT) is currently trading at $7.635, showing signs of struggle after a recent dip š. The price is at a critical level, testing its support zone near $7.60. This level has been a battleground for buyers, and holding above it could trigger a bounce.
Key Levels to Watch:
Support: $7.60 ā A break below could send DOT toward $7.40, a deeper support zone.
Resistance: $7.80 ā Bulls need to reclaim this level to push for $8.00, a strong psychological barrier.
Entry Strategy:
Bullish Setup: If DOT holds above $7.60, watch for a breakout above $7.80 with strong volume, targeting $8.00ā$8.10.
Bearish Scenario: A breakdown below $7.60 could trigger further selling, with $7.40 as the next target.
DOT is at a make-or-break levelāwill the bulls hold the line or let bears take control? šØ Stay focused, watch for key confirmations, and trade with precision! š
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